The $8 billion Climate Investment Funds (CIF) accelerates climate action by empowering transformations in clean technology, energy access, climate resilience, and sustainable forests in developing and middle income countries. The CIF’s large-scale, low-cost, long-term financing lowers the risk and cost of climate financing. It tests new business models, builds track records in unproven markets, and boosts investor confidence to unlock additional sources of finance.
To promote economic development and opportunities in Jordan for the benefit of both Jordanians and Syrian refugees. This programme will attract new inward investment and open up economic markets for Jordanian goods and services, creating new jobs for Jordanians and Syrian refugees as set out in the Jordan Compact. The programme will also help Jordanian hosts maintain their resilience and economic stability.
Through International Financial Institutions and other multilateral organisations, the Good Governance Fund will support a series of governance and economic reform initiatives, aimed at building stability, reducing poverty and increasing prosperity in Ukraine, Georgia, Moldova, Serbia and Bosnia and Herzegovina (BiH). The support will focus on areas such as: anti-corruption; improving the business environment; judicial reform; key sector reforms (e.g. banking and energy); strengthening the rule of law; and supporting an independent media. This project was approved before the referendum on the UK’s membership of the EU. Work is now under way to understand the implications of leaving the EU for the UK’s development work
This programme will focus DFID economic development assistance to the Occupied Palestinian Territories (OPTs) in the areas of water, electricity, access & movement and trade, and fiscal losses and customs. Programme activities will support institutional capacity building and infrastructure development, working closely with the Palestinian Authority and Government of Israel. The overarching goal is to support economic growth and job creation in the OPTs.